Wah Fu Education Group Limited (NASDAQ:WAFU) Short Interest Update

by · The Cerbat Gem

Wah Fu Education Group Limited (NASDAQ:WAFU – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 16,159 shares, a growth of 3,031.6% from the April 30th total of 516 shares. Based on an average trading volume of 20,593 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.3% of the shares of the company are short sold.

Wah Fu Education Group Stock Performance

Shares of WAFU stock traded down $0.01 during trading hours on Wednesday, reaching $1.65. The company had a trading volume of 4,638 shares, compared to its average volume of 11,070. The business has a fifty day moving average price of $1.63 and a 200-day moving average price of $1.66. Wah Fu Education Group has a one year low of $1.30 and a one year high of $3.39.

Wah Fu Education Group (NASDAQ:WAFU – Get Free Report) last announced its quarterly earnings results on Monday, March 30th. The company reported ($0.02) EPS for the quarter. The firm had revenue of $1.53 million for the quarter.

Hedge Funds Weigh In On Wah Fu Education Group

A hedge fund recently bought a new stake in Wah Fu Education Group stock. Financial Plan Inc. acquired a new position in Wah Fu Education Group Limited (NASDAQ:WAFU – Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,000 shares of the company’s stock, valued at approximately $29,000. Financial Plan Inc. owned about 0.43% of Wah Fu Education Group at the end of the most recent quarter.

About Wah Fu Education Group

(Get Free Report)

Wah Fu Education Group (NASDAQ: WAFU) is a postsecondary vocational education provider in the People’s Republic of China, offering a range of career-oriented diploma and certificate programs. Through its network of licensed vocational schools, the company focuses on equipping students with practical skills in areas such as nursing, early childhood education, digital media, business administration and information technology. Wah Fu’s curriculum blends classroom instruction with hands-on training, aiming to meet the needs of local employers in sectors experiencing growth and skills shortages.

Founded in the early 2000s, Wah Fu has steadily expanded its footprint across Fujian Province, operating multiple campuses in cities including Xiamen, Fuzhou and Quanzhou.

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